Pound slips as UK growth forecasts downgraded and oil prices plunge
The pound has fallen and London’s FTSE 100 slipped further as oil prices plunged, and downgraded forecasts for the UK economy accompanied the Chancellor’s autumn statement on Wednesday.
The UK’s top share index dropped slightly with energy giants and banks among the biggest fallers of the day.
The FTSE 100 moved 12.48 points lower, or 0.17%, to close at 7,469.51.
NatWest’s share price dipped after Chancellor revealed the was considering selling its stake in the bank to members of the public through a retail share sale.
